Well Established Profitable Online Retail Business! Market Leader In It's Category!

Sydney, NSW

Retail / Homeware/Hardware, Florist/Nursery Beauty/Health / Beauty Products
$650,000 Inc. Stock
Listing ID1660593

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Summary
An extremely successful, profitable, award-winning and popular online retail business. Perfectly located only 5km from the Sydney CBD, this business is in a prime position to continue servicing Sydney and it's National Customers. Can be run under management, owner operated or purchased as a bolt on to an existing business. An opportunity not to be missed.

Revenue:
Exceeds $960,000 per annum

Location Details
Located only 5 kilometres from the Sydney CBD, this business housed in a warehouse is ideally placed to service Sydney and all of Australia

Potential/Opportunity
An incredible opportunity exists for a purchaser to acquire a successful and continuously growing online retail business. This was established in 2004 by the current owner who saw a gap in the market, for a luxurious, innovative and unique product and service offering aimed at both individual consumers and large corporate clients. There is also great opportunity to reduce COGS.

Skills
Business acumen would be ideal, could be run under management for a savvy investor with forward planning.

Lease
TBA - a new lease can potentially be signed upon purchase, additionally, the business could be relocated as a bolt on to an existing business saving expenses and overheads.

Employees
1 Full Time (Owner) and 3 Casuals - peak trading periods see up to 20 staff working in the business.

Reason for Sale
The Business Owner is looking for a change due to founding and running the business for 13 years.

About the Business
A successful and continuously growing luxury online retail business. This was established in 2004 by the current owner/founder. A luxurious, innovative and unique product and service offering aimed at both individual consumers and corporate clients. The brand has a first-class reputation with excellent media exposure over the years and exceptional consumer and corporate reviews and testimonials.

A few facts about the business:

- Profitable and showing year on year growth
- Premium product, market leader
- Original and innovative
- Award winning business over numerous years
- Over 10,000 qualified and loyal clients in the business database with a further 26,000 loyal fans in social media
- Great location for the operation with a multi-channel distribution system.

Disclaimer: Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.